RealPennies.com: Turning Pennies into dollars: (OTCBB:SOYO), (OTCBB:HFBL),
(OTC: PGPM), (OTCBB:UDTT), (OTCBB: CBEL).
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SOYO Inc. (OTCBB:SOYO)(December 13, 2007), an innovative provider of computer and consumer electronics products, announced sponsorship of Marcos Galvao and Paulo Filho in their upcoming WEC fights. The fight took place on December 12, 2007, at The Joint in the Hard Rock Casino in Las Vegas, Nevada. Edward O'Brien, Director of Marketing for SOYO said, "To date, SOYO has received over 330 minutes of TV airtime and our logo recently made the front page of MMAweekly.com. We are very happy with the results we continue to get from our MMA advertising and have some very exciting fights coming up. MMA continues to grow rapidly and we are excited to continue to be a part of it."
For more info: http://hfbl.realpennies.com
Home Federal Bancorp, Inc. of Louisiana, (OTCBB:HFBL)(December 13, 2007), the parent of Home Federal Savings and Loan Association, and First Louisiana Bancshares, Inc., have entered into a definitive agreement to combine, forming the largest locally controlled bank in the Shreveport market area.
The resulting bank, Home Federal Savings and Loan Association, which will change its name to "First Louisiana Bank" in connection with the merger, and its newly formed holding company, will have combined assets of more than $250 million and six branch offices in Caddo and Bossier Parishes. The transaction will also involve the conversion of Home Federal Mutual Holding Company, currently the majority shareholder of Home Federal Bancorp, which will result in each outstanding share of Home Federal Bancorp being exchanged for a certain number of shares of the new holding company pursuant to an exchange ratio, other than the shares of Home Federal Mutual Holding Company which will be cancelled. In connection with the conversion, depositors of Home Federal Savings and Loan and certain other persons will be given the right to purchase shares of the new holding company in the IPO.
Each of the directors of First Louisiana and Home Federal Bancorp has agreed to vote their shares in favor of the merger, and each of the directors of Home Federal Bancorp has agreed to vote in favor of the reorganization. The proposed merger will be submitted to shareholders of First Louisiana and Home Federal Bancorp for their consideration. Home Federal Bancorp and First Louisiana will file a registration statement, a joint proxy statement/prospectus and other relevant documents concerning the proposed transaction with the SEC.
For more info: http://pgpm.realpennies.com
Pilgrim Petroleum Corporation (OTC: PGPM) (December 13, 2007)), an independent oil and gas company, announces and confirms that its 25% stock dividend will be applicable to shareholders of record as of December 12th, 2007 and distributed ("Pay Date") on December 28th, 2007. Stockholders' brokerage accounts will be electronically credited with these Stock Dividend shares on the "Pay Date." Stockholders will only be eligible to receive this 25% Stock Dividend, if they are stockholders on or before the "Record Date" December 12th, 2007. Please contact your stockbroker regarding the EX-date. Fractional shares will be rounded up to the next whole share. Payment of the dividend will not require an increase in the total number of the Company's authorized shares of common stock. No exchange of certificates is required. The company also announced that it has planned and scheduled additional workovers in its Waggoner W.T. lease. Pilgrim Petroleum Corporation Vice President of Operations Jerry Schilling said, "The Company's production levels have shown significant increase for this quarter. As we work on our existing asset portfolio, Pilgrim is also targeting new horizons and further developments."
For more info: http://udtt.realpennies.com
Universal Detection Technology (OTCBB:UDTT) (December 13, 2007)), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, announced today that it has received a new purchase order from Security Solutions International (SSI) for UDTT's anthrax detection kits. SSI plans to showcase the kits at upcoming seminars and conferences where SSI professionals provide counter-terrorism training and education to members of law enforcement and representatives from U.S. Army and various other security and emergency response agencies. UDTT recently announced that the Patent for the Company's Anthrax Detection technology used in its BSM-2000 system was granted by the United States Patent and Trademark Office (USPTO). The Patent is for an invention titled "bacterial endospore quantification using lanthanide dipicolinate luminescence" and has been filed under USPTO Number 7,306,930. The inventor is Dr. Adrian Ponce, the Deputy Manager for the Planetary Science and Life Detection Section at NASA's Jet Propulsion Laboratory. The United States Government Accountability Office (GAO) conducted a study of the technology in 2003 and concluded that the technology would be a lot cheaper to operate to the current DNA analysis units at use at U.S. Postal facilities. The technology has also been evaluated in numerous peer reviewed scientific journals such as IEEE Magazine.
For more info: http://cbel.realpennies.com
Cybertel Capital Corporation (OTCBB: CBEL)(December 13, 2007) Board of Directors has announced the Company has signed a Non-binding Letter of Intent to acquire the Portland, Oregon based telecommunications company TeleDigit, Inc. The pending transaction will acquire a minimum of eighty percent (80%) ownership of TeleDigit, Inc. as a subsidiary of Cybertel Capital Corporation. "Over the past ten years TeleDigit has had progressive growth every year and we look forward to its continued growth in the future," states Jim Wheeler, CEO of Cybertel Capital Corp. "The acquisition will add TeleDigit's existing business which will produce approximately 1.5 million dollars in revenue for 2007." The transaction will include a business and funding plan to expand the growth of TeleDigit, Inc.'s current service offerings, as well as to introduce additional service offerings to the existing market that TeleDigit, Inc. provides, such as Data and Wireless networking and integration and engineering, providing a full scope of Telecommunication and Data networking to include: Voice Over IP (VoIP), Telecom and data equipment sales and service, Wireless equipment sales and service, including integration and engineering services.
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